The goal is to increase Iraqi export outlets and find markets for the increasing oil production.
Read More »China Tries to Monitor Its Neighbors` Offshore Drilling Rigs
The China Coast Guard has recently deployed vessels to monitor oil and gas drilling in Vietnamese and Malaysian waters of the South China Sea.
Read More »Iran Ready to Invest in Major Indian Refinery
India used to be Iran’s second top oil buyer after China until May when US ended waivers granted to the country for import of oil from Iran.
Read More »China Considers Petrol-Electric Vehicles
China has some of the world’s strictest rules regarding the production of greenhouse gas-emitting vehicles.
Read More »ADNOC Plans to Launch Own Regional Oil Benchmark
ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »U.S.. China will Become World`s Biggest LNG Exporter and Importer in 2024
World LNG demand reached a record 432 bcm in 2018.
Read More »Saudi Arabia raises Domestic Gas Price
Saudi Aramco regularly produces 10 million barrels a day.
Read More »Russia. Saudi Arabia in Talks on New Oil. Gas. Petchems. Nuclear Cooperation
The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.
Read More »EU due to take steps against Turkey over Cyprus offshore drilling
Experts estimate that the sea bed off Cyprus holds around 227 billion cubic metres of natural gas deposits.
Read More »EU will Freeze Flow of Funds to Turkey as Drilling Dispute Escalates
The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.
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